E.ON is one of the ‘Big Six’ energy suppliers in the UK. It’s hugely popular with a staggering 4.3 million customers across the country. But that pales in comparison to their global reach. E.ON operates over 30 countries, serving 33 million customers, making them one of the biggest suppliers of home and business energy in the world.
Starting life in 1901 as Clyde Valley Electrical Power Company, they later became South of Scotland Electricity Board (SSEB). Their long history has put them in good stead to go on to become one of the UK’s major energy providers, leading the charge in developing wind power across the UK and investing heavily in renewable energy solutions.
E.ON has recently moved all its customers onto 100% renewable energy electricity, showcasing their dedication to move to a more sustainable solution for their customers.
E.ON is owned by German company E.ON SE, one of the largest energy companies in the world. A member of the DAX Stock Index, which makes up the most significant German companies, E.ON acquired the formerly government-owned Powergen in the UK, and now also owns a controlling majority in Innogy, the parent company of nPower, strengthening its position as a giant in the energy sector.
E.on's postal address is listed as:
2 Burton Street
If you choose to switch through Love Energy Savings, one of our representatives will contact E.ON's team on your behalf, saving you the hassle of back and forth communications. That way, you get the energy tariff you want with minimal fuss.
E.ON business customers can choose from a range of fixed-rate tariffs for between one and three years. Much like the customer side, there’s a discount for paying by monthly direct debit of 7% discount, or 5% if you pay every quarter.
E.ON currently serves over 500,000 business energy customers, which looks set to rise as they absorb all of the nPower business energy accounts.
E.ON offers customers a range of options to suit their circumstances, some requiring smart meter installation whilst others offering no exit fees. It’s best to check what you’ll need before signing up to make sure the tariff type meets all your needs.
You’ll know where you stand with these fixed tariffs as you’ll lock in your energy rates for the duration of the contract.
It’s worth noting that you won’t be able to take advantage of any drops in market prices, but you will also be protected against any rise in energy prices too.
Pay As You Go Tariff
A pay-as-you-go tariff is an advance payment that allows you to top up using the app or website or via Post Office vouchers.
This tariff allows you to pay for your energy in advance so you can keep full track of your spending and top up as and when required.
E.ON’s variable tariffs allow you to take full advantage of any rises or falls in market prices.
Take a look at how E.ON generates its electricity, broken down by fuel source. They source electricity from a range of renewable sources.
Compare these statistics to the typical fuel mix from UK suppliers in our wholesale energy guide.
The latest financial figures for E.ON are from End of Year 2018. They are as follows:
|Metric||Total (EUR in millions)||Year on Year Change|
|Adjusted net income||€1,505||+5%|
|Employees (at year-end)||43,302||+1%|
E.ON has won many awards over the years, but their most recent awards have seen them recognised by their customers and by their employees by being awarded:
E.ON allows you to switch at any point during your contract but it may be subject to exit fees. Any credit will be refunded once your final bill is calculated, which is around 6 weeks after your switch.
E.on may object to the switch going ahead if you have an outstanding balance on your account so make sure you’ve got the funds to clear it before attempting a switch.
E.ON provides all of its customers’ homes with 100% renewable electricity, giving them some serious green credentials. These sources include wind, biomass and solar, all backed by a renewable certificate to ensure all their energy comes from sustainable sources.
Your statements and bills can be viewed in your YourEnergyApp, but you’ll be emailed when your bill is ready.
Your online or paper bill will tell you:
You can learn more about what you can expect on your energy bills here.
Love Energy Savings can handle a switch to E.ON for you, whether you're switching from an old E.ON tariff or from a different provider altogether. We’ll get everything sorted for you by liaising with your current provider and the E.ON team.
Enter your details here to generate a quote for your home and then simply choose the tariffs that's right for you.
An energy broker acts as a third party intermediary between commercial energy suppliers and businesses. Energy brokers work with several energy providers and can help businesses compare lots of prices for energy at once - saving you the hard work of shopping around for seperate energy quotes.
The easiest way to compare the market for business energy is to request a quote for business energy. Here at Love Energy Savings, we work with many well-known business energy providers, as well as several independent suppliers to bring our customers the most competitive quotes for business gas and electricity. This makes it very easy for businesses to compare quotes and choose the right one for their business.
Businesses can choose between fixed-rate tariffs and variable-rate tariffs on business energy. Fixed-rate tariffs mean the price you pay for gas or electricity is fixed for a period of time, so if energy prices fluctuate, the price you pay will not be affected. These contracts are fixed for a period of time, from 12 months to 5 years.
Variable-rate tariffs respond to energy market trends, so if the cost of energy increases, you will have to pay more for the energy you use. However, if market prices drop, you will pay less for the energy you use. You are not tied into a contract with a variable-rate tariff. To leave your supplier, you simply need to provide 30 days’ notice.
Green business energy is a more environmentally friendly way to power your business. If you buy your business energy from a green energy supplier, your supplier is promising to match some or all of the electricity you use with renewable energy, which is then fed back into the National Grid.
Read Love Energy Savings Guide to Green Energy Deals for more information.
You will need to make sure you’re choosing the best deal for your business when switching your business energy supplier. To accurately compare quotes, you will need the following details which you’ll find on your energy bill:
With this information, you will be able to compare new quotes against your current rate. When you find the right deal for you, you can switch your business energy.
At Love Energy Savings, we work with the following energy suppliers:
If you’re moving business premises, there are a number of things you need to do:
When you get to your new business premises it’s essential you set up a new energy contract as soon as possible to prevent you from being overcharged for your business energy:
At Love Energy Savings, we include additional charges such as VAT and CCL in our quotes. For a full breakdown of costs, click ‘more details’ on all quotes provided in our comparison engine results page.
Charities and not-for-profit organisations many not receive energy discounts but they can get reductions on VAT (from 20% to 5%) and be exempt from the Climate Change Levy, which could help reduce energy bills overall. Discounts are not automatically applied, so make sure you speak to one of our experts about getting these discounts applied to your energy bills.
Read our helpful article Is Your Charity Making The Most of VAT Reduction on Its Energy Bills? for more more information.
Switching business utilities is very easy. Simply start by comparing utility prices, when you have found the right deal for your business, click ‘switch now’ to complete your switch online.
At Love Energy Savings, we’ll handle negotiations between suppliers too, making the whole process as stress-free as possible.
The cheapest energy provider for businesses will depend on a number of factors, such as:
The easiest way to find the cheapest energy provider is to compare energy prices.
Choosing the best energy supplier for your business is very important. You want to know that the provider you choose will value you as a customer, that you’ll receive excellent customer service and that the company acts with total transparency.
Which? consumer magazine published a survey that compared key suppliers on a number of factors including:
Take a look at the ‘Best and worst energy companies for 2019’ survey for more information.
If you want to fix the price you pay for business energy, simply choose a fixed-price tariff. Energy providers fix prices from 12 months up to 5 years, so just choose the one that you feel suits the needs of your business the most.
Once you’ve found your new, cheaper tariff, it takes between 4 and 6 weeks to complete the switch from one supplier to another. We will manage this process for you, so you don’t have to. The transfer is seamless; your energy will not be cut off as a result of switching. We’ll keep you up-to-date if there are any transfer issues. If you have any queries before or after the switch, please don’t hesitate to contact your personal Account Manager on: 01204 372 746.
There won’t be any disruptions to your supply, so it will be business as usual! We’ll liaise with your existing supplier and negotiate the entire process for you. We’ll let you know when your switch has been completed.
How much you can save is dependent on how much energy you use. But, on average, businesses with an electricity bill of £2,400pa (consumption below 50,000kWh), can expect to save up to £943 when they switch.
Switching your business energy has never been easier. Once you’ve found a supplier and quote which suits your business’ needs simply hit ‘Buy Now’ or wait for one of our agents to contact you. Once you’re happy to proceed, we’ll handle the entire switch for you. We’ll need a few additional bits of information along the way, but this will all be explained in your welcome pack
Yes – you will find that energy prices change from region to region.
Factors that influence pricing will depend on: